07 Apr 2014 14:00
Etihad Airways and its Abu Dhabi home-base continue to benefit from the airline’s strategy of working closely with network partners which, in turn, is supporting economic growth in markets around the world.
Details of the successful expansion strategy were shared by James
Hogan, Etihad Airways’ President and Chief Executive, during his keynote address
to delegates at the Global Aerospace Summit being held in Abu Dhabi.
Mr Hogan said: “Etihad Airways continues to be our core business
and main focus, yet through our network partners, the airline is building a
global presence which we wouldn’t be able to do alone and helps us all carry
greater numbers of air travellers around the world.”
Mr Hogan spoke about how Etihad Airways and its network partners can
now leverage economies of scale through joint procurement and resource sharing,
which he said were not available through pure commercial relationships or
membership of airline alliances.
“The benefits of strategy flow to our partners as they gain access
to the Etihad Airways global flight network, improved revenue opportunities and
reciprocal cost and efficiency gains. The net result is stronger, more
competitive airlines, delivering benefits to consumers, creating employment and
contributing to economic growth,” said Mr Hogan.
In addition Mr Hogan shared details with delegates at the Global
Aerospace Summit about the impressive plans for the new Midfield Terminal at
Abu Dhabi Airport. With construction well underway, the iconic Midfield
Terminal will be open in 2017 with an annual capacity of 30 million passengers.
Mr Hogan added that the benefits of working with Etihad Airways and
Abu Dhabi were felt by the partner airlines and the markets they operate in: “By
expanding our organic operations from Abu Dhabi, and by increasing our
connectivity with other destinations through our partnerships, we are not only
flying passengers and freight to and from Abu Dhabi, but also acting as a
catalyst for additional economic growth, both here and elsewhere.”
“In Europe, for example, we have acquired minority equity stakes in
airberlin, Air Serbia and Aer Lingus and are seeking regulatory approval to
invest in the Swiss regional carrier Darwin Airline, which now operates as
Etihad Regional – Switzerland.
“In doing so, not only do we strengthen our own operations, we
strengthen those of our equity partner airlines, increasing competition within
Europe, and bolstering European economies as well as our own home base.”
The Global Aerospace Summit is an invitation
only event for C-level executives, senior decision makers and government
officials involved with the aerospace, aviation, defence and space industries. It
is taking place today, Monday 7 April, and tomorrow at the St. Regis, Saadiyat
Island, Abu Dhabi.